manufacturing News

India Emerges as a Global Manufacturing Powerhouse for Top International Brands

India has become a key manufacturing base for top international brands, marking a significant shift in the global value chain. This transformation, supported by government policies...

18 Companies Including Voltas Secure Spots in PLI Scheme for White Goods Sector

18 companies, including Voltas and MIRC Electronics, have been selected under the PLI scheme for the white goods sector, committing Rs 2,299 crore in investments. This move is set ...

November Sees a Slight Uptick in US Business Inventories to $2.59 Trillion

In November, US business inventories slightly increased by 0.1% to $2.59 trillion, with a 2.6% annual rise. Sales and shipments grew by 0.5%, totaling $1.9 trillion, and the invent...

Infosys Reports a Stellar 11.5% Profit Surge in Q3, Elevates Growth Forecast

Infosys reports an 11.46% increase in Q3 FY25 net profit to Rs 6,806 crore, driven by growth in financial services and manufacturing. The company raises its FY25 revenue growth gui...

India's Industrial Growth to Dip to 6.2% in FY25, with Signs of Revival in the Latter Half

India's industrial growth is expected to slow to 6.2% in FY25 due to a subdued manufacturing performance in the first half. However, signs of recovery are emerging for the second h...

Singapore's Economy Surges: A 4.0% Growth in 2024 Signals Robust Recovery

Singapore's economy experienced a significant 4.0% growth in 2024, with a 4.3% rise in GDP in the fourth quarter. Experts predict continued growth in 2025, driven by shifting suppl...

India Emerges as a Global Manufacturing Powerhouse: Insights from N Chandrasekaran

N Chandrasekaran, chairman of Tata Sons, highlights India's growing role in global manufacturing, with the Tata Group set to create significant jobs and expand in hi-tech industrie...

Toyota's Bold Move: Establishing Its First Independent EV Plant in China

Toyota Motor Corporation plans to establish a new EV manufacturing facility in China, marking its first independent plant in the country. The plant will focus on producing the luxu...

Vietnam Emerges as a Rising Economic Power in Southeast Asia

Vietnam is highlighted for its rapid economic development driven by manufacturing growth and foreign investment. Despite being ranked 12th in Asia, its projected 7% growth in 2024 ...

US Manufacturing and Trade Inventories Climb by 0.1% in October, Reaching $2.58 Trillion

US Census Bureau reports a 0.1% increase in manufacturing and trade inventories, reaching $2.58 trillion in October, reflecting a 2.4% annual growth.

India's PLI Schemes: Rs 1.46 Lakh Crore Investment Drives Manufacturing Boom

India's PLI Schemes have realized Rs 1.46 lakh crore investments across 14 sectors, driving Rs 12.50 lakh crore in incremental production/sales, creating over 9.5 lakh jobs, and su...

China's Industrial Output Surges: A Closer Look at November's Growth

China's industrial production grew by 5.4% in November year-on-year, with notable increases in mining, manufacturing, and new-energy vehicles.

Japan's Private Sector Shows Signs of Recovery in December

Japan's private sector showed signs of recovery in December with services sector activity expanding and manufacturing sector struggling to grow. The composite PMI rose, indicating ...

German Companies Eye Expansion in Tamil Nadu: A Promising Partnership

German Consul-General in Chennai discusses the appeal of Tamil Nadu to German investors, current operations, and future plans for expansion in various sectors, including potential ...

India's Motilal Oswal Midcap Fund Soars 63%, Eyes Jewelry and Electronics Sectors

India's Motilal Oswal Asset Management Co. anticipates a surge in discretionary goods and manufacturing shares, driven by consumer demand and government initiatives. The Motilal Os...

Hanoi Jobseekers Aim for $200-400 Monthly Salary Amidst Rising Job Openings

A survey by the Hanoi Employment Service Center shows that 72% of jobseekers aim for a monthly salary between $200 and $400. The job market is expected to stabilize with more job o...

Eurozone Manufacturing Crisis Deepens in November: PMI Hits New Low

The manufacturing sector in the Eurozone continued to struggle in November, with the Purchasing Managers' Index (PMI) dropping to 45.2 from 46 in October, according to a joint repo...